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College Grads stuck in low-paying jobs

Everything I've read before this showed HS grad at a much lower rate than this. I guess I'm just bummed that my wife makes less than a HS graduate and I, with a MS, make about the same as an associate degree. Do you think these are accurate?

I would agree from experience of looking what else is out there most jobs do not require a degree and ones that do don't pay near these levels at all. If I could find an" average" job at 71K I'd jump at it - a 35% increase yes please!

Re: College Grads stuck in low-paying jobs

Everything I've read before this showed HS grad at a much lower rate than this. I guess I'm just bummed that my wife makes less than a HS graduate and I, with a MS, make about the same as an associate degree. Do you think these are accurate?

I would agree from experience of looking what else is out there most jobs do not require a degree and ones that do don't pay near these levels at all. If I could find an" average" job at 71K I'd jump at it - a 35% increase yes please!

Re: College Grads stuck in low-paying jobs

Originally Posted by MNCyGuy

Man, maybe I just suck at negotiating salary, but that seems high to me.

EDIT: Although, is that including benefits?

Whenever you look at numbers like this you have to remember that they are averages for everyone, not just new grads. This is more the average of someone who is mid-career. So you might say this is what the average 40-something at these education levels make.

Plus this is the mean, not the median. And a high earner making a few million a year can skew the average up a lot more than people working part time making minimum wage can skew them down.

Re: College Grads stuck in low-paying jobs

Those aren't correct at all. 71 k is about what the average chemical engineer makes out of college, which is considered the highest paying major. Although I guess 71 k is right out of college, and this graph isn't specific to first year grads

Re: College Grads stuck in low-paying jobs

Everything I've read before this showed HS grad at a much lower rate than this. I guess I'm just bummed that my wife makes less than a HS graduate and I, with a MS, make about the same as an associate degree. Do you think these are accurate?

I would agree from experience of looking what else is out there most jobs do not require a degree and ones that do don't pay near these levels at all. If I could find an" average" job at 71K I'd jump at it - a 35% increase yes please!

Midwest salaries and housing are lower than both coast. That that into account.

Re: College Grads stuck in low-paying jobs

There are a lot of factors driving this phenomenon, and when you consider their effects, it's not a big surprise that the growth in earnings for those with college degrees has been declining for over a decade.

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